The Middle East Economy

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Chapter | The Guide from The Report: Bahrain 2020

The guide contains listings of some of the leading hotels and resorts in Bahrain and contacts for important government offices and services. It also contains useful tips and information for first-time or regular and business and leisure visitors alike.

Chapter | Economy from The Report: Bahrain 2020

Benefitting from its robust financial services, industrial and manufacturing sectors, Bahrain’s economy is one of the most mature and diverse in the GCC...

Chapter | Country Profile from The Report: Bahrain 2020

In 1932 Bahrain pioneered oil production in the Middle East, and in doing so established the region’s initial framework for the petroleum industry. The new resource enabled Bahrain to modernise its economy by moving beyond traditional industries such as pearl diving and fishing. Today, the country’s national plan, Bahrain Economic Vision 2030, aims to enhance private sector growth as well as...

Subdued domestic and external demand combined with regional tensions created a challenging economic environment for Dubai in 2019.

A downturn in oil revenue on the back of production cuts by the Organisation of the Petroleum Exporting Countries contributed to a difficult year for Oman in 2019, as the government continued with efforts to balance the budget and diversify the economy.

 

LANGUAGE: Similar to other GCC member states, Arabic is the official language of Oman, although English is widely spoken and understood. Using English to get around or conduct business in the capital, Muscat, or other hubs such as Sohar or Salalah, is relatively easy. Locals do appreciate the exchange of salutations in Arabic, but are...

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